Aberdeen Group plc Raises Holdings in Zebra Technologies Corporation $ZBRA

Key Points

• Aberdeen Group plc increased its stake in Zebra Technologies by 106.5% during the first quarter, owning approximately 0.07% of the company worth $10.54 million.
• Zebra Technologies reported earnings of $3.61 EPS for the quarter, surpassing analysts' estimates, and has set its FY 2025 guidance at $15.25-15.75 EPS.
• The company announced a stock repurchase program allowing for the reacquisition of up to $250 million in outstanding shares, indicating confidence in its stock value.

Aberdeen Group plc increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 106.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,552 shares of the industrial products company's stock after buying an additional 19,364 shares during the quarter. Aberdeen Group plc owned 0.07% of Zebra Technologies worth $10,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Kovitz Investment Group Partners LLC purchased a new stake in Zebra Technologies during the fourth quarter valued at about $107,254,000. Victory Capital Management Inc. lifted its stake in shares of Zebra Technologies by 27.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company's stock valued at $334,469,000 after acquiring an additional 255,193 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Zebra Technologies by 5,704.9% during the 1st quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company's stock valued at $73,286,000 after acquiring an additional 254,895 shares during the period. GAMMA Investing LLC grew its position in Zebra Technologies by 20,849.2% during the 1st quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company's stock worth $72,335,000 after acquiring an additional 254,777 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Zebra Technologies in the 1st quarter worth approximately $46,633,000. 91.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ZBRA has been the subject of a number of recent analyst reports. BNP Paribas upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Citigroup reissued a "neutral" rating and issued a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Robert W. Baird upped their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research report on Monday, July 14th. Wall Street Zen lowered Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Finally, Needham & Company LLC upped their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $357.44.

Zebra Technologies Stock Up 4.6%

Shares of Zebra Technologies stock traded up $14.28 during trading on Friday, hitting $322.79. The company's stock had a trading volume of 495,416 shares, compared to its average volume of 693,749. The company has a market capitalization of $16.41 billion, a PE ratio of 30.48 and a beta of 1.75. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a fifty day simple moving average of $318.43 and a two-hundred day simple moving average of $295.03.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business's revenue was up 6.2% on a year-over-year basis. During the same period last year, the business earned $3.18 earnings per share. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Equities research analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has approved a stock buyback plan on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its stock is undervalued.

Zebra Technologies Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.